Teza Capital Management LLC Has $1.07 Million Holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Teza Capital Management LLC increased its stake in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA - Free Report) by 133.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,907 shares of the pharmacy operator's stock after buying an additional 65,609 shares during the quarter. Teza Capital Management LLC's holdings in Walgreens Boots Alliance were worth $1,072,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of WBA. Golden State Wealth Management LLC acquired a new position in Walgreens Boots Alliance during the fourth quarter worth $26,000. Riverview Trust Co boosted its position in shares of Walgreens Boots Alliance by 123.8% during the 4th quarter. Riverview Trust Co now owns 2,874 shares of the pharmacy operator's stock worth $27,000 after purchasing an additional 1,590 shares in the last quarter. Colonial Trust Co SC increased its holdings in shares of Walgreens Boots Alliance by 79.5% in the 4th quarter. Colonial Trust Co SC now owns 2,928 shares of the pharmacy operator's stock valued at $27,000 after purchasing an additional 1,297 shares in the last quarter. Venturi Wealth Management LLC acquired a new position in Walgreens Boots Alliance during the fourth quarter worth $28,000. Finally, Independence Bank of Kentucky acquired a new position in Walgreens Boots Alliance during the fourth quarter worth about $39,000. Institutional investors and hedge funds own 58.59% of the company's stock.

Insider Buying and Selling

In related news, Chairman Stefano Pessina acquired 832,258 shares of the stock in a transaction that occurred on Sunday, April 27th. The stock was acquired at an average cost of $11.01 per share, for a total transaction of $9,163,160.58. Following the transaction, the chairman now directly owns 145,621,079 shares in the company, valued at $1,603,288,079.79. This trade represents a 0.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 17.50% of the stock is currently owned by company insiders.

Walgreens Boots Alliance Stock Performance

Shares of NASDAQ WBA traded up $0.06 during mid-day trading on Thursday, reaching $11.24. 5,443,285 shares of the company were exchanged, compared to its average volume of 20,904,205. The stock has a market capitalization of $9.72 billion, a P/E ratio of -1.10, a P/E/G ratio of 1.31 and a beta of 0.77. The company has a quick ratio of 0.30, a current ratio of 0.64 and a debt-to-equity ratio of 0.68. The company's 50-day simple moving average is $11.02 and its 200-day simple moving average is $10.39. Walgreens Boots Alliance, Inc. has a twelve month low of $8.08 and a twelve month high of $16.74.

Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last announced its earnings results on Tuesday, April 8th. The pharmacy operator reported $0.63 EPS for the quarter, topping the consensus estimate of $0.53 by $0.10. The company had revenue of $38.59 billion for the quarter, compared to analysts' expectations of $37.90 billion. Walgreens Boots Alliance had a negative net margin of 5.87% and a positive return on equity of 17.61%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period last year, the firm earned $1.20 earnings per share. As a group, research analysts predict that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have commented on the stock. Wolfe Research raised shares of Walgreens Boots Alliance to a "hold" rating in a research note on Monday, February 24th. Wall Street Zen began coverage on Walgreens Boots Alliance in a report on Wednesday. They issued a "hold" rating for the company. Truist Financial decreased their price target on Walgreens Boots Alliance from $13.00 to $12.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Finally, Deutsche Bank Aktiengesellschaft cut shares of Walgreens Boots Alliance from a "hold" rating to a "sell" rating and lowered their price objective for the stock from $11.00 to $9.00 in a research note on Friday, February 28th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $10.59.

About Walgreens Boots Alliance

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.